Towergate HNW focus saves John Charcol from collapse

Peter Cullum chairman CCV Ventures

Towergate has snapped up troubled mortgage advisory business John Charcol from administration in a bid to boost its high-net-worth (HNW) and small to medium-sized enterprise (SME) proposition.

Towergate has snapped up troubled mortgage advisory business John Charcol from administration in a bid to boost its high-net-worth (HNW) and small to medium-sized enterprise (SME) proposition.

Towergate Partnership chairman, Peter Cullum, described the business as a "perfect fit".

"To have the leading HNW mortgage broker in the group gives us a huge opportunity to provide mortgages to our HNW customers and SME owners," he said.

Under the terms of the deal, all John Charcol staff and directors

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

FCA warns on Tempcover clone

The Financial Conduct Authority has issued a warning of fraudsters trying to scam people by pretending to be short-term car insurance specialist broker Tempcover including on TikTok.

Brokers push for more from RSA/NIG

Brokers have given a mixed report on communication levels around the RSA and NIG deal but with the process kicking forwards today have expressed the hope the takeover will make more products available.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: